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Discuss the ethical issues inherent in compensation systems, paying particular attention to the way in which ethics are involved in determining and administering compensation system.

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The expert discusses the ethical issues inherent in compensation systems, paying particular attention to the way in which ethics are involved in determining and administering compensation system.

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The primary ethical issue involved in compensation systems, especially in terms of determining and administering the compensation system, is the fact that compensation systems should be fair to all the employees and should be free from any kind of bias or favoritism. In other words, the compensation systems should not be developed and administered in a manner such that it provides undue advantage to certain employees. The compensation system can be considered ethical if it provides equitable opportunities for all the employees to earn the incentives and rewards. It ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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